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Written Answers — Flood Relief: Flood Relief (29 Sep 2010)

Martin Mansergh: In 2009 the Office of Public Works introduced the Minor Flood Works scheme to assist Local Authorities to address localised flood problems where a solution had been identified or could be readily identified. A total of € 11.434m has been allocated under the scheme in 2010 to date on foot of applications from Local Authorities, most of which relate to locations affected by flooding last...

Written Answers — Procurement Contracts: Procurement Contracts (29 Sep 2010)

Martin Mansergh: The Office of Public Works does not have a direct contract for security in the centre. It has a facility management contract for the centre and this includes the provision of security and other services. HOCHTIEF Facility Management Ireland Ltd currently has the contract for the facility management.

Written Answers — Flood Relief: Flood Relief (29 Sep 2010)

Martin Mansergh: Iarnród Éireann, as the body responsible for the maintenance and safety of the railway line network, have appointed consultants to carry out a study of the flooding problem and recommend possible solutions. Any works relating to the permanent way that may be recommended by the consultants in their study would be a matter for Iarnród Éireann to implement. The Office of Public Works are,...

Written Answers — Waste Management: Waste Management (29 Sep 2010)

Martin Mansergh: The working group established by Government Decision is examining the future use if the former Irish Ispat site on Haulbowline Island, County Cork. Issues relating to waste are outside the Terms of Reference of this group. These matters will be considered in light of Government's consideration of the recommendation of the Group as to the future use of the site.

Written Answers — Flood Relief: Flood Relief (29 Sep 2010)

Martin Mansergh: On 18 August 2010, following a request from Clare County Council, the Office of Public Works confirmed that funding would be made available for a tender competition to design Flood Alleviation works as a single project for Ballybeg, St. Flannans, and the upgrade of an existing embankment in the area. It has also been agreed in principle that subject to the feasibility of any proposed works...

Written Answers — Garda Stations: Garda Stations (29 Sep 2010)

Martin Mansergh: Construction of the new Garda Station at Ballincollig is currently underway and is expected to be completed on time in September 2011. The existing Garda Station will be demolished in order to facilitate a new entrance and to provide necessary official parking facilities for An Garda Síochána. This is an essential element to the entire project.

Written Answers — Tax Code: Tax Code (29 Sep 2010)

Martin Mansergh: I have acknowledged on many occasions that we are experiencing a very challenging period for Irish tourism with all areas of the country experiencing a decline in overseas visitor numbers. While any decrease is disappointing, it must be viewed in the context of a decline in tourist numbers internationally. Tourism worldwide has been deeply affected by global economic difficulties and loss of...

Written Answers — Safety at Sports Grounds: Safety at Sports Grounds (29 Sep 2010)

Martin Mansergh: Safety at sports grounds is the responsibility, in the first instance, of those who organise events and those who own or administer the grounds or venues in which the sports fixtures are held. The Code of Practice for Safety at Sports Grounds, together with international best practice, provide comprehensive guidelines in relation to how this responsibility should be effectively managed....

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Martin Mansergh: This is a motion for a resolution to approve the draft statutory instrument entitled Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010. I emphasise to the House that this is not a new scheme. Rather, this draft statutory instrument amends the bank guarantee scheme introduced in December 2009, which is known as the eligible liabilities guarantee, ELG, scheme. The...

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Martin Mansergh: The Deputy's party is not according a pairing arrangement so that does not apply, unfortunately.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Martin Mansergh: I will hear Senators out.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: It has been the standard EU extension for a number of states. I mentioned this.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: We are following the standard, is the answer to the question.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: On 21 September.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: It was on the bottom of page 5.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: At the bottom of page 5.

Seanad: Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (Resumed) (29 Sep 2010)

Martin Mansergh: I thank all the Senators who contributed to the debate and acknowledge the spirit in which they spoke. It is perfectly legitimate to make critical points, as that is the essence of debate in a democratic House. As the financial crises unfolded in the past two years, it became clear that solutions to the serious problems facing the international banking system would not be achieved overnight....

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (Resumed) (30 Sep 2010)

Martin Mansergh: This is certainly a very important day in the history of this country and, indeed, the life of this Dáil. There is a conviction on the part of the Government that, with today's announcements, we have finally hit the bottom as far as the banking situation is concerned and that potential liabilities have been defined. Uncertainty as to the dimensions of the problem, coupled with the...

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (Resumed) (30 Sep 2010)

Martin Mansergh: The interesting point in this regard is that the debate has changed. When that comment was first made, Boston represented America, neoliberalism, light regulation and so on, while Berlin represented European social democracy. There is a good case to be made that today, we perhaps are closer to Frankfurt than to Berlin or Boston. As Frankfurt has a sort of rigour about it that would not...

Announcement by Minister for Finance on Banking of 30 September 2010: Statements (Resumed) (30 Sep 2010)

Martin Mansergh: For a long time, property and banks were advocated and thought of as the safest and most profitable forms of investment. Undoubtedly, low taxes for higher earners fuelled the property bubble and led people to spend money on all sorts of inessentials. To the extent that there were warnings, and I suppose most Members would have been aware of them in the background over the years, in the main...

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